Citing Russia’s invasion of Ukraine, The International Olympic Committee called Monday for athletes from Russia and Belarus to be barred from competing, a move that was quickly endorsed by backers. #backers #wintergames
The list of those cutting ties or reviewing operations is growing by the hour as foreign governments ratchet up sanctions, close airspace and lock some banks out of financial systems.
(Bloomberg) The invasion of Ukraine is causing a mass exodus of companies from Russia, reversing three decades of investment by Western and other foreign businesses there following the collapse of the Soviet Union in 1991.